Walter M Milford Charitable Foundation
Walter M Milford Charitable Foundation is a private foundation, based in West Palm Beach, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $419K in total assets. In 2025, it awarded 4 grants totaling $18K. Net investment income was $15K.
Walter M Milford Charitable Foundation at a glance
In short: Walter M Milford Charitable Foundation gave $18K across 4 grants in 2025 (avg $4K), mostly in Maine. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $17,500
- -30.0% vs 2024
- Grants made (2025)
- 4
- -20.0% vs 2024
- Average grant
- $4,375
- -12.5% vs 2024
- Median grant
- $5,000
- Total assets
- $419,355
- -1.2% vs 2024
- Primary geography
- Maine (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Walter M Milford Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Curtis Island Lighthouse Foundation ($5K). Together the top 4 received $18K.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 23 grants of 23 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How Walter M Milford Charitable Foundation gives
- Giving held roughly steady from 2022 to 2025 (−10%). Method
- In 2025 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $15K (2021) to $39K (2023). In 2025 it made 4 grants totaling $18K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Curtis Island Lighthouse Foundation Camden, ME | General Support | $5,000 |
| Homeworthy Rockland, ME | General Support | $5,000 |
| Farnsworth Art Museum Rockland, ME | General Support | $5,000 |
| Penobscot Bay YMCA Rockport, ME | General Support | $2,500 |
Ready to take the next step with Walter M Milford Charitable Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $419,355 | $14,716 | $19,860 | $17,500 | 4 | $17,500 | $14,716 | $20,448 |
| 2024 | $424,499 | $13,224 | $28,930 | $25,000 | 5 | $25,000 | $13,224 | $10,873 |
| 2023 | $440,205 | $12,210 | $40,691 | $39,000 | 6 | $40,691 | $10,519 | $21,534 |
| 2022 | $468,686 | $5,258 | $26,215 | $19,500 | 5 | $22,858 | $1,901 | $23,057 |
| 2021 | $489,643 | $1,071 | $19,396 | $15,100 | 3 | — | — | $23,834 |
Under IRS private-foundation payout rules, Walter M Milford Charitable Foundation reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Walter M Milford Charitable Foundation is led by Karen Hai, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Karen Hai
President
On filings since 2021
3 hrs/week
No compensation reported
Tamra Fago
Director
On filings since 2021
3 hrs/week
No compensation reported
Justin Hai
Officer
On filings since 2022
3 hrs/week
No compensation reported
Former officers (1)
- Former: Gregory Lane (2021) — Officer
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Walter M Milford Charitable Foundation
How much does Walter M Milford Charitable Foundation give each year?
Walter M Milford Charitable Foundation gave $18K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 5 grants.
What is Walter M Milford Charitable Foundation's typical grant size?
Walter M Milford Charitable Foundation's median grant in 2025 was $5,000, and its average grant was $4,375, across 4 grants on its 2025 IRS Form 990-PF.
Where does Walter M Milford Charitable Foundation give grants?
Walter M Milford Charitable Foundation gives mostly in Maine: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Rockland, ME (2 grants).
Does Walter M Milford Charitable Foundation give general operating support?
Yes: 100% of Walter M Milford Charitable Foundation's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Walter M Milford Charitable Foundation?
Walter M Milford Charitable Foundation reported $419K in total assets on its 2025 IRS Form 990-PF. It paid out $18K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Walter M Milford Charitable Foundation's EIN?
Walter M Milford Charitable Foundation's EIN (Employer Identification Number) is 33-0939794. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 13, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 23, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 23, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 11, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Walter M Milford Charitable Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Walter M Milford Charitable Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Fanny & Stephen Rosenak Foundation
Miami, FL
The foundation supports hunger and poverty relief, cancer research and services, meals for homebound people, animal welfare, journalism, education, and leadership. In 2024, it awarded 17 grants of $1,000–$105,000, with a median of $5,000; most funding went to organizations in Washington, DC, and Florida. It gives only to preselected charities and does not accept unsolicited requests.
Assets
$5.0M
Grants
17
Total Given
$263K
Milton H & Lillian Z Schwartz
St. Paul, MN
Assets
$66K
Grants
19
Total Given
$17K
Yablick Charities Inc
Miami Beach, FL
Assets
$324K
Grants
26
Total Given
$23K
Sam W Klein Charitable
Boca Raton, FL
The foundation supports education, music and the arts, community services, and medical research, with recent grants concentrated in Florida and California. In 2025, grants ranged from $200 to $50,000, with a median of $1,000. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$2.8M
Grants
27
Total Given
$188K
Tien Family Foundation
Pinecrest, FL
The Tien Family Foundation supports charitable and educational activities, including education, food access, health care, research, job programs, and ministry-related work, with 2025 grants ranging from $100 to $40,500 and a median of $1,030. It is based in Florida and funded organizations in multiple states, with the largest shares of 2025 grant dollars going to Florida and New York. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$2.9M
Grants
30
Total Given
$154K
Rose Family Foundation Inc
Fort Lauderdale, FL
The foundation supported religious, educational, medical, and charitable organizations, primarily in Florida. Its 2021 giving totaled $11,810 across 44 grants, typically small (median $50), though the largest was $5,617. A 2020 filing said applicants could send Barry R. Rose a letter describing their activities, with no deadline; these instructions are not confirmed as current, and the foundation has no filings after 2021.
Assets
$144K
Grants
44
Total Given
$12K
More similar funders
More Funders in Florida
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Walter M Milford Charitable Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Walter M Milford Charitable Foundation down — hundreds of funders to go?